Centurion reports gold assay results in northern Sumatra
Tuesday, February 7 2012 - 02:00 AM WIB
Centurion Minerals Ltd. has reported an encouraging gold assay results from initial drilling of the Zulham epithermal gold prospect within the Banda Raya property in Northern Sumatra.
The company said in Jakarta on Monday that the holes were designed to test the continuity of north-trending, near-surface, mineralized breccias and wall rocks that had been previously reported.
Two hand-held mobile drill rigs capable of drilling 5.5 cm diameter core to a maximum depth of 15 metres have been utilized to drill 13 holes to date. Results indicate that the breccia is the most favorable host rock for gold mineralization.
Gold mineralization in the drill holes and in previously announced channel samples, extend the gold mineralization for approximately 300m along the structure believed to control the mineralization.
In addition, three Breccia boulders located on a ridge crest a further 200m to the north, yielded 20 g/t Au from a 1m channel sample in one boulder, and 6 g/t Au and 3 g/t Au from rock chip samples in the other two, respectively.
It stated that all of these results were indicative of potentially large epithermal gold mineralization at the Zulham prospect. In-fill short-hole drilling is ongoing and the Company is preparing for a first-phase deep drilling program to test the extension of the breccia zones.
The Zulham prospect is located approximately 1 kilometer northeast of the Keladi prospect wherein past explorer, Highlands Pacific Ltd., reported nine rock chip samples that returned between 2 and 27 g/t Au over a 500m long vein system.
Centurion geologists have located a 4m wide quartz vein that extends for at least 100m. An extensive exploration program is underway within the Keladi prospect and assay results from collected rock samples will be reported when received.
Editing by Benget Besalicto Tnb.